Who knew that buying an Apple iTunes Music Store digital music file, for just 99 cents, could have netted such a profit by reselling it on eBay?? Thanks to CNet for their story on the event.
In a stroke of genius, he decided to put the file up for auction to test to see if the right of first sale can coexist with digital rights management (DRM). He has declared he will be donating all profits to the Electronic Frontier Foundation.
Way to go George! You're brilliant.
Update 9/4 3:00PM: eBay has removed the auction siting violation of downloadable media policy. George says not true. Use this link to keep current on the developments of this story and for a link to a PDF of the removed auction page.